Post
Topic
Board Mining speculation
Re: It is 2020 time for a new diff thread.
by
MagicByt3
on 16/07/2020, 20:01:47 UTC
https://medium.com/@BitOoda/bitcoin-mining-hashrate-and-power-analysis-bitooda-research-ebc25f5650bf

interesting new report on mining, with a link to the full pdf

Quote
In our assessment, 50% of Bitcoin mining capacity pays 3c or less per kWh, a steady decline over the past several years. Anecdotal evidence suggests this number was closer to 6c / kWh in 2018.

That is a fantastic report with lot's of solid info been looking for a report like this for some time great find LOTV8's.

Just shows really the amount of cheap power in china really has a monopoly over the network now and I worry that if prices in the west continue to rise the way they have been then it's going to put a lot of pressure on miners and hand control over to the east.

Thanks for the share.